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  • Predictive Analytics for Improved Cost Management

PRICE Systems Releases TruePlanning® 2012 Optimize Tomorrow Today™

Mt. Laurel, NJ / January 24, 2012 / PRICE Systems, L.L.C. today announced the release of TruePlanning® 2012, the industry's most comprehensive cost estimating solution. Every product enhancement in the release supports a more efficient and defendable estimating process. "We are especially proud of TruePlanning 2012. Those who previewed the release tell us that we accomplished our mission of responding to their requests, expanding our models, and making their jobs easier," said PRICE Systems' President and CEO, Anthony DeMarco.

TruePlanning® 2012 Features Include:

Usability Enhancements - Analysts can:

  • Install TruePlanning® 2012 side by side with prior releases to preserve original estimates
  • Convert units of measure throughout the estimate with a single click
  • Define, save, group, and retrieve their favorite reports and charts
  • Enjoy faster processing speed in all aspects of estimate preparation & analysis

New and Updated Models - Include:

  • Updated Systems model with System Engineering & Program Management (SEPM) activity costs allocated by program phase
  • Total Ownership Costs (TOC) for the whole-life view decision making that is so critical with the many systems being refurbished instead of retired
  • Service Oriented Architecture (SOA) Governance to take advantage of the cloud and software reuse
  • Fuel Cell Models to assess the short and long-term impacts of green alternatives

New Companion Applications - Delivered with TruePlanning® 2012 are open source applications (apps) that leverage the product's new Application Programming Interface (API). Users can expand upon these apps or build their own apps to automate key business processes. With the latest release, PRICE added companion apps, including a two-way Excel interface. Users can:

  • Create customized interfaces in Excel to collect just the data that they need
  • Map to any cost element structure; view estimates by their own WBS and budget categories
  • Gather information from suppliers with a parametric data form and then sit-back as they automatically compile a TruePlanning® estimate
  • Quickly perform sensitivity analyses to determine which drivers impact cost the most

"The new productivity and interoperability apps open a whole new realm of possibilities for our customers. They can now do more in less time, improving the speed and quality of their estimates," says DeMarco. TruePlanning® 2012 is available today. Visit or call 1-800-437-7423 for more information.